The world's largest steelmaker, Luxembourg-based ArcelorMittal, has announced the appointment of Bernard Fontana as new chief executive of its stainless steel division, which is currently being assessed for a potential spin-off.
Mr. Fontana was previously head of human resources for the group and is replacing Jean-Yves Gilet, who has left the company to head up France's Strategic Investment Fund. He will report to Gonzalo Urquijo, member of the group management board of ArcelorMittal.
Fontana joined Arcelor as senior vice president of human resources, Flat Products Europe in 2004. His is a graduate of the Ecole Polytechnique in France. With the merger of ArcelorMittal in 2006, he was appointed as executive vice president of the global automotive business.
Willie Smit, who was vice president of employee relations and benchmarking, will replace Mr. Fontana.